Enterprise Products Partners L P (NYSE:EPD) shares, rose in value on Friday, April 26, with the stock price down by -0.17% to the previous day’s close as strong demand from buyers drove the stock to $28.88.
Actively observing the price movement in the recent trading, the stock is buoying the session at $28.93. The PE ratio was 11.46 over 12-month period. Referring to stock’s 52-week performance, its high was $29.99, and the low was $25.19. On the whole, EPD has fluctuated by -0.59% over the past month.
The company’s Forward Dividend Ratio is 2.00, with its dividend yield at 6.94%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 54.64B, with a low estimate of 13.93B and a high estimate of 14.42B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 14.23B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that EPD’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.36, with the price of EPD currently trading nearly -0.80% and 1.36% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 51.14, while the 7-day volatility ratio is showing 1.44% which for the 30-day chart, stands at 1.31%. Furthermore, Enterprise Products Partners L P (EPD)’s beta value is 0.98, and its average true range (ATR) is 0.36.
A comparison of Enterprise Products Partners L P (EPD) with its peers suggests the former has fared considerably weaker in the market. EPD showed an intraday change of -0.17% in today’s session so far, and over the past year, it grew by 8.45%%.
Data on historical trading for Enterprise Products Partners L P (NYSE:EPD) indicates that the trading volumes over the past 3 months, they’ve averaged 4.88 million. According to company’s latest data on outstanding shares, there are 2.17 billion shares outstanding.
Nearly 34.08% of Enterprise Products Partners L P’s shares belong to company insiders and institutional investors own 24.95% of the company’s shares. The stock has risen by 9.60% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the EPD stock heading into the next quarter.
